The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Stephens Production Co. retained EnergyNet for the sale of certain oil and gas properties including a large asset package located throughout Colorado, Michigan, North Dakota, Oklahoma, Texas and Wyoming.

The sealed-bid offering comprises 243 properties and includes nonoperated working interest, overriding royalty interest (ORRI) and royalty interest generating around $250,000 a month in cash flow. Bids are due at 4 p.m. CST on Feb. 10. The transaction is expected to close in early March with an effective date of Jan. 1.


  • Nonoperating Working Interest in 56 Properties:
    • Average Working Interest ~19.81% / Average Net Revenue Interest ~16.53%
    • 51 Producing Properties | One Saltwater Disposal | Four Shut-In Properties
    • Select Operators: ConocoPhillips and MD America Energy LLC
  • Royalty Interest in 105 Properties:
    • Average Royalty Interest ~4.27%
    • 85 Producing Properties | 20 Shut-In Properties
    • Select Operators: Blackbeard Operating LLC and Merit Energy Co.
  • ORRI in 75 Properties:
    • Average ORRI ~0.32%
    • 63 Producing Properties | 12 Shut-In Properties
    • Select Operators: Birch Operations Inc. and Hilcorp Energy Co.
  • Participating Minerals in Seven Producing Properties:
    • Average Working Interest/Net Revenue Interest ~1.46%
    • Operators: EOG Resources Inc. and SM Energy Co.
  • Six-month Average 8/8ths Production: 10,123 bbl/d of Oil and 33,712 Mcf/d of Gas
  • Six-month Average Net Income: $256,504/Month
EnergyNet Marketed Map - Stephens Production Asset Package Across CO MI ND OK TX WY
(Source: EnergyNet)

Separately, Stephens Production Co. also retained EnergyNet for the sale of a seven-well Mississippian Play package with operations plus HBP leasehold acreage in Oklahoma’s Woods County. Bids for the separate package are due by 1:35 p.m. CST on Feb. 9.

For complete due diligence information on either package visit or email Cody Felton, vice president of business development, at, or Denna Arias, vice president of corporate development, at